Series: IMF Working Papers
Author(s): Marcello Estevão , and Issouf Samaké
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 31 May 2013
Keywords: Identification, Fiscal mulpiliers, Consolidation, SVECM, fiscal policy, fiscal consolidation, fiscal multipliers, tax revenue, government spending, General,
The past several years of recession and slow recovery have raised much interest on the effect of fiscal stimulus on economic activity, even as high public debts in many countries would call for fiscal consolidation...